Globe Life Is Trading at a Discount: Time to Load Up or Hold Off?
Shares of Globe Life Inc. (GL) are trading at a discount compared to the Zacks Insurance - Accident and Health industry. Its forward price-to-earnings value of 9.58X is lower than the industry average of 12.4X. Image Source: Zacks Investment ResearchHowever, shares of other insurers like Aflac Incorporated (AFL) and AMERISAFE, Inc. (AMSF) are trading at a multiple higher than the industry average, while Unum Group (UNM) shares are trading at a discount.GL’s Price PerformanceShares of Globe Life have gained ...